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. >>> local seniors are taking a stand and making their voices heard in the fiscal cliff crisis. >> make it swift. don't throw seniors off the cliff. >> a group of workers and community leaders rallied outside the representative's office in san jose this morning. they say money should come from raising taxes on bank and corporations, not from cutting social programs. seniors held similar rallies today in 14 other california cities. >>> the president and house republicans have three weeks to compromise on tax hikes and spending cuts. ed to president obama hit the road to rally support from his plan. cbs reporter danielle nottingham has the latest from washington. >> president obama's public campaign to steer clear of the fiscal cliff took him to a diesel engine planted detroit. >> if congress doesn't act soon, meaning in the next few weeks, starting on january first, everybody's going to see their income taxes go up. >> private face to face talks were revised this weekend when house speaker boehner went over to the white house. neither side is releasing details about the conversation, but
. >>> local seniors are taking a stand and making their voices heard in the fiscal cliff crisis. >> make it swift. don't throw seniors off the cliff. >> a group of workers and community leaders rallied outside the representative's office in san jose this morning. they say money should come from raising taxes on bank and corporations, not from cutting social programs. seniors held similar rallies today in 14 other california cities. >>> the president and house...
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for the fiscal cliff she represent as balanced solution. spending cuts and a increase in taxes. kron 4 news. >>> we have clear skies out there across the bay area on this sunday evening after a spectacular weekend. it was cool on saturday. it was foggy but today just an "a" plus day. sunshine. temperatures in the 60s and 70s. and even right now, san jose and san francisco in the upper 50s. antioch mid-50s. cooler for union city, 49 degrees. tonight clear skies every place but there could be a few patches of dense fog at the ground and to the north bay valleys. best chance is closer to sun rise. we could have limited visibility. rest of the day, lots of sunshine. another mild day. most places get into the 60. look for increasing clouds tuesday from a weather system in the pacific. right now clear skies. and the storm track is into alaska. there sadevelopping storm there -- is a developing storm there. it will bring us rain and cooler temperatures wednesday. noon tomorrow, we are clear. clouds off shore and remains that way for monday night and into tuesday morning but by tuesday
for the fiscal cliff she represent as balanced solution. spending cuts and a increase in taxes. kron 4 news. >>> we have clear skies out there across the bay area on this sunday evening after a spectacular weekend. it was cool on saturday. it was foggy but today just an "a" plus day. sunshine. temperatures in the 60s and 70s. and even right now, san jose and san francisco in the upper 50s. antioch mid-50s. cooler for union city, 49 degrees. tonight clear skies every place but...
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i am tracie potts in washington with an update on the fiscal cliff. >> we will up the yo [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 5:00 a.m. >> [cheers] >> [cheers]
i am tracie potts in washington with an update on the fiscal cliff. >> we will up the yo [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 5:00 a.m. >> [cheers] >> [cheers]
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. >>> in just 22 days before the united states falls off the fiscal cliff and while president obama is out on the road pushing his plan to avoid it, some republicans are pushing party leaders to give into his top demand. cbs 5 reporter danielle nottingham explains why. >> reporter: president obama headed to detroit this morning to seek support from auto workers for his plan to raise taxes on the wealthiest americans. the the president's latest campaign-style appearance follows a weekend white house style meeting with house speaker john boehner. both sides remain hopeful but little progress was made. if the president and speaker boehner can't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up, and across the board spending cuts will kick in on january 1st. economists say that combination would plunge the country back into a recession. >> reporter: there are signs some republicans will willing to compromise on taxes if they can secure cut to social security, medicare and medicaid. >> give the president the 2% increase that he is talking about, the rate incre
. >>> in just 22 days before the united states falls off the fiscal cliff and while president obama is out on the road pushing his plan to avoid it, some republicans are pushing party leaders to give into his top demand. cbs 5 reporter danielle nottingham explains why. >> reporter: president obama headed to detroit this morning to seek support from auto workers for his plan to raise taxes on the wealthiest americans. the the president's latest campaign-style appearance follows a...
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. >> the fiscal cliff standoff, the deadline for an agreement is closer than you might think. >> fedex is gearing up for a busy day. >>> and a bay area station is taken off the air by vandals for the third time this year. >> they took expensive equipment. >>> crab fisherman try to bring an end to a week long strike. >> it would be great to get out there and put money in our pockets. >> from across the bay to around the world, the stories that matter on eyewitness news this morning. d i'm michelle g >>> hi everyone, and good morning, it's monday december the 10th. i'm frank mallicoat. >>> i'm michelle griego. new this morning, a dangerous situation is under control in the east bay. >>> cbs5 reporter, elissa harrington l is in san leandro where live wires landed on a laundry truck this morning. >> two men were inside this laundry truck when it happened, and they had just seconds to escape. the fire is out but here's what it looked like in this picture. flames were about 20 to 30 feet high and it took firefighters an hour and a half to put it out. we're just outside of camp sweeney which
. >> the fiscal cliff standoff, the deadline for an agreement is closer than you might think. >> fedex is gearing up for a busy day. >>> and a bay area station is taken off the air by vandals for the third time this year. >> they took expensive equipment. >>> crab fisherman try to bring an end to a week long strike. >> it would be great to get out there and put money in our pockets. >> from across the bay to around the world, the stories that...
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so is the speaker losing the fiscal cliff pr battle? the american people are blaming him. >> well, the speaker's trying to have a conversation with the president about how to solve the nation's problems. and the president is out on the campaign trail. the president prefers to campaign trail to the hard and rough road of true leadership in washington, d.c. i kind of think the president might have overplayed his hand here a little bit. if he were smart, the american people would be a little more expecting of him to be in washington to fix this before christmas. we're all a little bit tired of this campaign drama. i was looking at pictures today of the president out in michigan. i thought, wait a minute, i thought the election was over. people are going to see through this. you cannot sell them short. they'll figure it out. ben, to terry's point, we know americans support raising taxes on people who make over $250,000. that's not many people and most people support other people paying more taxes. so if most people support it, why is he out
so is the speaker losing the fiscal cliff pr battle? the american people are blaming him. >> well, the speaker's trying to have a conversation with the president about how to solve the nation's problems. and the president is out on the campaign trail. the president prefers to campaign trail to the hard and rough road of true leadership in washington, d.c. i kind of think the president might have overplayed his hand here a little bit. if he were smart, the american people would be a little...
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>>> the fiscal cliff, the fiscal cliff, just 23 days away and if we go over it, automatic spending cuts will take effect, automatically, bam. todd schoenberger is back with me from new york. we spent some time taking questions from viewers who want 20 know how the fiscal cliff will affect them. what will make the headlines? >> bottom line is this, that is if nothing is resolved right now, we are looking at a 20% increase across the board for tax revenue for washington. and you hear a lot about these spending cuts but realistically, we won't see a whole lot of spending cuts, because this way this was actually createded, we would only see spending cuts of .25%. >> one coming from edgar, he says i'm not confused about the fiscal cliff, what i'm confused about is what taxes will be raised? >> that's right. well the payroll tax holiday, it was created in 2010, it had a two-year tax extension, it expires on december 31st. this is a 2% payroll tax that all americans were enjoying. if nothing is resolved, your first paycheck in january is going to be 2% lighter. that may not sound like a lot. b
>>> the fiscal cliff, the fiscal cliff, just 23 days away and if we go over it, automatic spending cuts will take effect, automatically, bam. todd schoenberger is back with me from new york. we spent some time taking questions from viewers who want 20 know how the fiscal cliff will affect them. what will make the headlines? >> bottom line is this, that is if nothing is resolved right now, we are looking at a 20% increase across the board for tax revenue for washington. and you...
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. >>> all right, less than three weeks to go until that so-called fiscal cliff, and still no deal. but this morning, there are signs of some movement in negotiations. president obama and house speaker john boehner did speak by phone last night. that conversation came after the president offered to reduce his initial request for $1.6 trillion in new revenue to $1.4 trillion but is reportedly not backing down on raising taxes for the top 2%. boehner's spokesman said republicans are still seeking further concessions on spending cuts. >>> well, there are some new details this morning on that london nurse who took her own life after passing through a prank call at the hospital that was treating kate middleton for extreme morning sickness. jacintha saldanha's family reveals that she left a suicide note, though they haven't released details of what that note said. earlier this week, the two deejays who made the call said the tragedy has left them shattered, gutted and heartbroken. >>> now, here's your first look at this morning's "dish of scrambled politics." mitt romney wasn't the only o
. >>> all right, less than three weeks to go until that so-called fiscal cliff, and still no deal. but this morning, there are signs of some movement in negotiations. president obama and house speaker john boehner did speak by phone last night. that conversation came after the president offered to reduce his initial request for $1.6 trillion in new revenue to $1.4 trillion but is reportedly not backing down on raising taxes for the top 2%. boehner's spokesman said republicans are still...
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christine lagarde said lawmakers need to address the country's debt, the deficit, and the fiscal cliff and quickly to avoid the uncertainty from affecting the global economy. she suggested a balanced approach, increasing revenue, while also cutting spending. >>> a new survey shows pay for private college prnts continues to climb. they studied data from 2010. it shows medial compensation rose to about $400,000, up nearly 3%. >>> and james bond's fought his way back to the top of the box office. "skyfall" made $11 million. "rise of the guardian" finished a close second with $10.5 million, and in third place, "twilight saga:breaking dawn" part twoer and $9.2 million. i've got to go see that animated christmas film. >> you and jack, that would be a good thing to do. >> "skyfall" kind of going nowhere and then jump back on top, that's kind of a strange move. >> that's james bond. that's no surprise. >> ashley morrison in new york. thanks, ashley. >>> hundreds said their "i dos" sunday. about 150 same-sex couples exchanged vows at seattle city hall. officiating judges who donated their time
christine lagarde said lawmakers need to address the country's debt, the deficit, and the fiscal cliff and quickly to avoid the uncertainty from affecting the global economy. she suggested a balanced approach, increasing revenue, while also cutting spending. >>> a new survey shows pay for private college prnts continues to climb. they studied data from 2010. it shows medial compensation rose to about $400,000, up nearly 3%. >>> and james bond's fought his way back to the top...
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teetering on the edge of a fiscal cliff. we're live on this day of action. >> a hotel and a sexual assault case against a former patron. she is sworn to secrecy but talks about itmc> a pakistani girl targeted by the taliban. >> stay with us. abc 7 news at 6:0 ruq just 22 days to find a budget deal. and tonight no word any progress is being made in washington. the prch to do something is coming from around the country. abc 7 news is live where a rally is happening right now. mark? >> this rally breaking up, there are under people here earlier and have been rallies like this one today this, is breaking up. and it's been a day of action, really a day of pressure. pressuring the president and democratic members of congress to hold firm against atemtss to cut government spending in social security and medicare. the message for move on progressives cut the tax cuts for the wealthyest americans, and do not cut social security and medicare benefits. >> we have to make sure we tax the rich. people making over $200,000, pe
teetering on the edge of a fiscal cliff. we're live on this day of action. >> a hotel and a sexual assault case against a former patron. she is sworn to secrecy but talks about itmc> a pakistani girl targeted by the taliban. >> stay with us. abc 7 news at 6:0 ruq just 22 days to find a budget deal. and tonight no word any progress is being made in washington. the prch to do something is coming from around the country. abc 7 news is live where a rally is happening right now. mark?...
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and they've never even heard the fiscal cliff. >> this is news to me. i didn't hear that part. >> reporter: anthony spent sunday, seeking fema dollars. he's homeless and can't understand how congress can help cut vital budgets like fema's? >> crazy. doesn't make sense. we need it down here. and there's a -- people down here a lot more destitute than me. >> reporter: congress now has time to figure it out. in new york's staten island, drew levinson, wjz eyewitness news. >> governors from new york and new jersey were in washington last week, asking for more aide from president obama. -- aid from president obama. >>> christmas comes early for pope benedict. the vehicles are designed specifically if for the -- specifically for the holy see by the german luxury car maker, mercedes benz. they are based on the four- wheel drive, m-class mercedes. this will be added to the fleet of six heavily armored cars and vehicles. i bet he tweeted about that. >>> with the childhood obesity epidemic growing, many parents are looking at ways to cut their child's risk. now a
and they've never even heard the fiscal cliff. >> this is news to me. i didn't hear that part. >> reporter: anthony spent sunday, seeking fema dollars. he's homeless and can't understand how congress can help cut vital budgets like fema's? >> crazy. doesn't make sense. we need it down here. and there's a -- people down here a lot more destitute than me. >> reporter: congress now has time to figure it out. in new york's staten island, drew levinson, wjz eyewitness news....
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is the fiscal cliff really a fiscal slope. a downward spiral to something much worse. the possibility of going off the cliff is just 22 days away, and it sounds pretty ominous, but it could be a walk in the part compared with what could happen if lawmakers don't take a closer look at our bigger debt picture and soon. because what they're talking about is peanuts. president obama was in michigan today pushing his fiscal cliff plan. he made the solution sound so simple. >> when you put it all together, what you need is a package that keeps taxes where they are for middle class familiefamilies, w some tough spending cuts on things we don't need, and then we ask the wealthiest americans to pay a slightly higher tax rate. >> but not so fast, mr. president. we need a little more than you're talking about. president obama says his plan reduces the deficit by $4 trillion over ten years. forget the fact it counts war savings which shouldn't count. let's go with the $4 trillion. john boehner said his plan cuts $2.2 trillion over ten years. you shouldn't be comparing those two nu
is the fiscal cliff really a fiscal slope. a downward spiral to something much worse. the possibility of going off the cliff is just 22 days away, and it sounds pretty ominous, but it could be a walk in the part compared with what could happen if lawmakers don't take a closer look at our bigger debt picture and soon. because what they're talking about is peanuts. president obama was in michigan today pushing his fiscal cliff plan. he made the solution sound so simple. >> when you put it...
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how the fiscal cliff could impact your tax bill? calculate how much you would pay under different policy scenarios on paul's "making sense" page. >> ifill: once congress gets past its budget woes, another huge domestic challenge awaits. republicans and democrats have said they will take up immigration reform. the question is how. last week a new pew hispanic center report showed illegal immigration is on the decline. last year there were 11.1 million illegal immigrants living in the country, down from 11.2 million in 2010. that's down from a peak of 12 million unauthorized immigrants reported in 2007. latino voters overwhelmingly supported president obama in november, and he has said immigration reform will be high on his second term agenda. homeland security secretary janet napolitano will oversee the administration's next steps. ray suarez sat down with her earlier today. >> suarez: secretary napolitano, welcome to the program. >> thank you. suarez: over the week past there's been a lot of reporting saying once we figure out what
how the fiscal cliff could impact your tax bill? calculate how much you would pay under different policy scenarios on paul's "making sense" page. >> ifill: once congress gets past its budget woes, another huge domestic challenge awaits. republicans and democrats have said they will take up immigration reform. the question is how. last week a new pew hispanic center report showed illegal immigration is on the decline. last year there were 11.1 million illegal immigrants living in...
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. >>> fiscal cliff camps are sprouting up across california. congresswoman's office in san jose, local seniors rally to demand lawmakers raise taxes on bank and corporations lain off social programs. city omhi-wwork. 3 >>> developing news in san pablo. ken bastida is live with more. police still look for the gunman? >> reporter: that's right, allen. they are still trying to figure out what happened inside this apartment. as you mentioned, shots rang out. it is normally quiet here. early sunday morning when police got here they found two people's bodice -- bodies laying on the stairs here. they also found something else inside the apartment. they found their 4-year-old daughter inside safe. police say somebody in this neighborhood knows what happened and they want find out. >> in front of my mom's house on dover and i heard two loud gunshots. >> on a saturday night there are people still up watching tv, doing nightly events. we're hoping that often times a person will say i heard something but they think it's not significant. they don't call, an
. >>> fiscal cliff camps are sprouting up across california. congresswoman's office in san jose, local seniors rally to demand lawmakers raise taxes on bank and corporations lain off social programs. city omhi-wwork. 3 >>> developing news in san pablo. ken bastida is live with more. police still look for the gunman? >> reporter: that's right, allen. they are still trying to figure out what happened inside this apartment. as you mentioned, shots rang out. it is normally...
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cliff. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that's it. the presidency and the senate and the democrats' hands. >> coming up, here congressman chris van holland, the top house democrat in these talks. >> along with bill daley, the former white house chief of staff who prided over the last round of budget negotiations. in the meantime, the anti-union fight, which is michigan. the heart and soul of the labor movement. after saying it was their best prank ever, are these crocodile tears? the aussie dj's are all apologies now that the nurse has tragically committed suicide. >> i mean, personally i'm -- >> the thought that we may have played a part in that is gut wrenching. >> and speaking of tears, "saturday night live" spoofed the fiscal cliff talks this week in that opening skit. president obama says he is giving in to republicans to save boehner fa
cliff. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that's it. the presidency and the senate and the democrats' hands. >> coming up, here congressman chris van holland, the top house democrat in these talks. >> along with bill daley, the former white house chief of staff who prided over the last round of budget negotiations. in the...
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president obama and house speaker john boehner met to try to prevent the impending fiscal cliff. the tax hikes and spending cuts due to kick in on january 1st. the main sticking points remain, and cuts to entitlement programs medicare. the president has asked congress to work through the holiday break if no deal is reached before then: the federal reserve is expected to announce an expansion o of their program. they will extend the program of buying $85 billion of securities each month into the the new year. announcement is expected when the bankers meet tomorrow and wednesday. a new survey shows pay for private college presidents continues the upward climb. they studied data from 2010 and median compensation rose to $400,000. that is up nearly 3 personality. that's a -- percent. that's a pretty good paying job there. very lucrative. >> cbsmoneywatch.com, thank you. >>> a heavy storm is pummeling the upper midwest. 15 inches of snow dumped on the twin city in minnesota. crews are cranking up the late to melty snow -- melt snow on the roof. it dumped 17 inches of snow on the roof
president obama and house speaker john boehner met to try to prevent the impending fiscal cliff. the tax hikes and spending cuts due to kick in on january 1st. the main sticking points remain, and cuts to entitlement programs medicare. the president has asked congress to work through the holiday break if no deal is reached before then: the federal reserve is expected to announce an expansion o of their program. they will extend the program of buying $85 billion of securities each month into the...
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cliff. >> reporter: you know, aides are providing no details, radio silence here, it was all done out of camera range, but you're right, sometime this afternoon, house speaker john boehner was here to meet face to face with president obama. it's the first glimmer of hope after weeks of stalemates. today a warning to republicans from a top senate democrat, no hike in taxes on the wealthy, no deal on the debt. >> even if it means going over the cliff? >> i don't want to do it, the president doesn't want to do it but we need to solve the problem. we do not want to drive this economy into another recession. a recession that the republicans will own. >> if we were to pass, for instance, raising the top two rates and that's it, all of a sudden, we do have the leverage of the debt ceiling and we haven't given that up. >> reporter: congress must again vote to raise that debt ceiling early next year, that would mean a replay of last year's battle and a chance for republicans to regain the upper hand. the president has laid down an early marker. >> i will not play that game, because we have got
cliff. >> reporter: you know, aides are providing no details, radio silence here, it was all done out of camera range, but you're right, sometime this afternoon, house speaker john boehner was here to meet face to face with president obama. it's the first glimmer of hope after weeks of stalemates. today a warning to republicans from a top senate democrat, no hike in taxes on the wealthy, no deal on the debt. >> even if it means going over the cliff? >> i don't want to do it,...
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. >> and speaking of tears, "saturday night live" spoofed the fiscal cliff talks this week in that opening skit. president obama says he is giving in to republicans to save boehner face. >> you know what, republicans, you win, okay? you get what you want, but you lee had man alone. you leave this poor, orange man alone. you okay? >> yeah. >> i can't hear you. >> yes, yes. >> there he is. >> good day. i'm andrea mitchell live in washington. well, there they were side-by-side, and for real they were in the white house this weekend. president obama taking his message of middle class tax cuts and tax increases for the rich to detroit today. just as michigan is facing a big vote against union organizing in a state long identified with the labor movement. joining me now for our daily fix, msnbc contributor and managing editor of "post politics.com". good day to you. well, first of all, the labor movement really on the ropes now in michigan of all places. michigan where detroit, of course, was the heart of the auto movement, the auto union, and now you've got a vote -- final vote is tomorrow as t
. >> and speaking of tears, "saturday night live" spoofed the fiscal cliff talks this week in that opening skit. president obama says he is giving in to republicans to save boehner face. >> you know what, republicans, you win, okay? you get what you want, but you lee had man alone. you leave this poor, orange man alone. you okay? >> yeah. >> i can't hear you. >> yes, yes. >> there he is. >> good day. i'm andrea mitchell live in washington....
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cliff. >> how likely is it we're going to see this fiscal cliff deadline be moved back? >> well, that was the talk. i remember last sunday telling you that congressman davis said there will be a downpayment, but now there seems to be a certain sense that look, we want to do something comprehensive. we want to do something maybe not dotting every i and crossing every t, but something big. the only other sticking point -- i don't want to be too much of a polly anna is this debt increase which the republicans feel they can hold the leverage. the debt increase of 16.3 trillion, that's going to be part of the deal, too are but when both parties get scared that they're going to be the blame or they're not going to be able to move forward and the stock market gets plummeting down, then you're going to see real action. i think this is a very good sign. now boehner has to sell it to his own caucus and the president has 90 liberals or left wingers that he has to sell his part of the deal to, too. >> last few seconds i want you to look into your crystal ball and let me know what yo
cliff. >> how likely is it we're going to see this fiscal cliff deadline be moved back? >> well, that was the talk. i remember last sunday telling you that congressman davis said there will be a downpayment, but now there seems to be a certain sense that look, we want to do something comprehensive. we want to do something maybe not dotting every i and crossing every t, but something big. the only other sticking point -- i don't want to be too much of a polly anna is this debt...
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on the other side of the fiscal cliff you do. it gives homeowners a tax break on unpaid mortgage debt and expires on december 31st unless congress acts. >> the average amount that homeowners are short in a short sale is $95,000. if this tax break goes away as part of the so-called fiscal cliff, those homeowners could be taxed on that $95,000 as additional income starting in 2013. >> how much homeowners will owe in taxes on that amount depending on the tax bracket they're in. on average it would be between 20 to $25,000. the banks have an extra incentive to stel short and absorb the loss. under the national mortgage settlement act that went into effect earlier this year, the nation's biggest lenders get a credit for short sales as a form of foreclosure relief. foreclosures sell for $3700 less than homes via short sale. as we near the fiscal cliff you could expect short sales jump more as homeowners look it to aavoid gigt hit with tacks and bankss with foreclosed prormts. if we go over the cliff, the tax bill homeowners face with a
on the other side of the fiscal cliff you do. it gives homeowners a tax break on unpaid mortgage debt and expires on december 31st unless congress acts. >> the average amount that homeowners are short in a short sale is $95,000. if this tax break goes away as part of the so-called fiscal cliff, those homeowners could be taxed on that $95,000 as additional income starting in 2013. >> how much homeowners will owe in taxes on that amount depending on the tax bracket they're in. on...
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. >>> wall street also watching as both sides inch to the fiscal cliff. not only are your taxes in the balance, so are americans' 401(k)s. and today, a holiday bonus, gas prices. we bring in bianna golodryga. the anchor of weekend "gma." you look at gas prices. on a pace to set a record. >> the average american household is expected to spend $4,000 a year on gasoline alone. remember, earlier this year, we saw gas prices at 3.92 a gallon back in april in the summertime. some places in the country, $5 a gallon. today, take a look at this, $3.35 and by christmas time, estimates say we will see $3.20 a gal don. a lot has to do with post sandy. the supply is back up and the hope is that consumers will take the money and spend it shopping. >> that is the hope. and jobs number, better than expected. unemployment now to 7.7%. and bianna, people watching tonight, where are the jobs? >> that is the question. we did some digging and here is what we found. not a surprise. retail up, 53,000 up in, and professional, hospitality and restaurants. hotels and 23,000 and he
. >>> wall street also watching as both sides inch to the fiscal cliff. not only are your taxes in the balance, so are americans' 401(k)s. and today, a holiday bonus, gas prices. we bring in bianna golodryga. the anchor of weekend "gma." you look at gas prices. on a pace to set a record. >> the average american household is expected to spend $4,000 a year on gasoline alone. remember, earlier this year, we saw gas prices at 3.92 a gallon back in april in the summertime....
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cliff. few details were released about the meeting. if lawmakers fail to strike a deal before the end of the year automatic tax increases and spending cuts will go into effect. the one-on-one meeting was the first between the two leaders since election day. a member of the dallas cowboys is out on bond, after being charged in a crash deadly crash that killed a teammate over the weekend. defensive lineman josh brent was released on half a million dollars bond yesterday. authorities say he was speeding on saturday, when he hit a curb. the vehicle then flipped over and caught fire. cowboys linebacker jerry brown was killed. brent is charged with intoxication manslaughter. brent and brown formed a lasting friendship when they played together at the university of illinois. back in 2-thousand-9, brent also served a 60 day sentence for a d-u-i in champaign. investigators are looking into the cause of a plane crash that killed a mexican-american singer in northern mexico. jenni rivera and at least f
cliff. few details were released about the meeting. if lawmakers fail to strike a deal before the end of the year automatic tax increases and spending cuts will go into effect. the one-on-one meeting was the first between the two leaders since election day. a member of the dallas cowboys is out on bond, after being charged in a crash deadly crash that killed a teammate over the weekend. defensive lineman josh brent was released on half a million dollars bond yesterday. authorities say he was...
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. >> reporter: their chance to tax the rich more to avoid going over the fiscal cliff echoed that of the president today. >> what you need is a package that keeps taxes where they are for middle class families, we make some tough spending cuts on things that we don't need. and then we asked the wealthiest americans to pay a slightly higher tax rate. >> reporter: some republicans now urging their party to give the 39.6% tax rate he wants on those who make more than $250,000. so the gop might get changes to social programs. >> toward 16 trading debt is it responsible to keep borrowing money and never address why you're in debt in the first place. >> reporter: some analysts say the deal needs to be hammered out by this thursday to be finalized by the end of the year. the president and the gop were silent and that's considered a positive sign. rita williams, ktvu channel 2 news. >>> more details now a new poll suggests that americans favor raising taxes on the well to do and large corporations. 60% of respondents support raising taxes on household that is earn more than $250,000 a year.
. >> reporter: their chance to tax the rich more to avoid going over the fiscal cliff echoed that of the president today. >> what you need is a package that keeps taxes where they are for middle class families, we make some tough spending cuts on things that we don't need. and then we asked the wealthiest americans to pay a slightly higher tax rate. >> reporter: some republicans now urging their party to give the 39.6% tax rate he wants on those who make more than $250,000. so...
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he cashed the ticket now instead of 2013 to avoid the looming "fiscal cliff." >> smart guy. >> hey. >> we have an audience here with lawrence. >> hi, lawrence. >> hi, lawrence. >> keep going. >>> it is 6:20. coming up, how a tweet got a 49er player suspend. we'll tell how. >> call them the road warriors. golden state notches another win. >> what are you doing? what's cool about your scho? you can submit your nominatn our webs slash cool schoo >>> what is cool about your school? you can submit your nomination on our website, cbssf.com/coolschool and we may come out and feature school on the show. we'll be right back. ,,,,,,,,,,,,,,,,,,,,,, >>> a quiet start to the day so far. we have rain, we'll talk about that coming up. >> checking traffic cameras across the bay area, that bay bridge toll plaza camera is looking stacked up, jamming up towards the 880 overcrossing. golden gate bridge and milpitas cam, traffic still moving at the limit. much more coming up. >>> here is a surefire way to get kicked out of an nba game. johnson. raptors tried to take the ball away from the refs after a fr
he cashed the ticket now instead of 2013 to avoid the looming "fiscal cliff." >> smart guy. >> hey. >> we have an audience here with lawrence. >> hi, lawrence. >> hi, lawrence. >> keep going. >>> it is 6:20. coming up, how a tweet got a 49er player suspend. we'll tell how. >> call them the road warriors. golden state notches another win. >> what are you doing? what's cool about your scho? you can submit your nominatn our webs...
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. >>> continuing coverage now on the looming fiscal cliff. president obama met private lily with john boehner at the white house. aides say the lines of communication remain open. it was the first time the two men had met privately since election day. this morning, a republican senator hinted president obama's plan might work at least to change the debate. >> a lot of people are putting forth a theory, and i actually think it has merit, where you go in and give the president the 2% increase that he's talking about, the rate increase on the top 2%. all of a sudden, the shift goes back to entitlements. >> congress has three weeks to prevent automatic tax hikes for all americans, and drastic cuts in federal spending. >>> there is no plan to change a controversial practice of changing votes after a practice passes or fails. about half of those sworn in last week are new to the job. during the past session, aseem belie members changed their votes more than 5,000 times. the practice does not affect the outcome of a bill but it disallow lawmakers to
. >>> continuing coverage now on the looming fiscal cliff. president obama met private lily with john boehner at the white house. aides say the lines of communication remain open. it was the first time the two men had met privately since election day. this morning, a republican senator hinted president obama's plan might work at least to change the debate. >> a lot of people are putting forth a theory, and i actually think it has merit, where you go in and give the president the...
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. >> reporter: their chance to tax the rich more to avoid going over the fiscal cliff echoed that of the president today. >> what you need is a package that keeps taxes where they are for middle class families, we make some tough spending cuts on things that we don't need. and then we asked the wealthiest americans to pay a slightly higher tax rate. >> reporter: some republicans now urging their party to give the 39.6% tax rate he wants on those who make more than $250,000. so the gop might get changes to social programs. >> toward 16 trading debt is it responsible to keep borrowing money and never address why you're in debt in the first place. >> reporter: some analysts say the deal needs to be hammered out by this thursday to be finalized by the end of the year. the president and the gop were silent and that's considered a positive sign. rita williams, ktvu channel 2 news. >>> more details now a new poll suggests that americans favor raising taxes on the well to do and large corporations. 60% of respondents support raising taxes on household that is earn more than $250,000 a year.
. >> reporter: their chance to tax the rich more to avoid going over the fiscal cliff echoed that of the president today. >> what you need is a package that keeps taxes where they are for middle class families, we make some tough spending cuts on things that we don't need. and then we asked the wealthiest americans to pay a slightly higher tax rate. >> reporter: some republicans now urging their party to give the 39.6% tax rate he wants on those who make more than $250,000. so...
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that will upset the rest of america but most consumers, they say fiscal cliff. >> what's the fiscal cliff. >> i don't know what that is. >> you are right. the business community is sitting on its cash, wall street waiting on every word and consumer as if nothing. but you know it comes home to roost. good to have you on the program. thank you so much. >> nice to see you. >>> american cars zooming along. some of the best news for the auto sector in years. what it means for your set of wheels. >>> living with lions, julie taymor with me on one of broadway's biggest payoffs as it marks a milestone. back in a moment. americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ ke a closer look... ...at the best schools in the world.
that will upset the rest of america but most consumers, they say fiscal cliff. >> what's the fiscal cliff. >> i don't know what that is. >> you are right. the business community is sitting on its cash, wall street waiting on every word and consumer as if nothing. but you know it comes home to roost. good to have you on the program. thank you so much. >> nice to see you. >>> american cars zooming along. some of the best news for the auto sector in years. what it...
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as a diesel engine plant, president obama stood his ground on the fiscal cliff. >> all congress needs to do is pass a law that would prehaven't a tax hike on the first $250 of everybody's income. >> the latest campaign stop had an announcement. business leaders warn this time of investment will suffer without a deal to avoid billions in tax increases and spending cuts next year. >> we have more than -- i think 103 ceos in town last week. the message was sit down, work it out. back in washington there's new momentum. yesterday p many p.m. and house speaker john boehner met one on one for the first time this year. then today staffers continued the private negotiations. the sooner the better, we all know el that. >> reporter: an increasing number of -- >> i actually amb ginning to believe that is the best route for us to take to again shift the focus where it needs to be, which is on entitlements. >> reporter: and budget experts see more democrats open to cutting social security and medicare. >> it's like, gosh, senator durbin, who is very, very close to the president, saying hey, look,
as a diesel engine plant, president obama stood his ground on the fiscal cliff. >> all congress needs to do is pass a law that would prehaven't a tax hike on the first $250 of everybody's income. >> the latest campaign stop had an announcement. business leaders warn this time of investment will suffer without a deal to avoid billions in tax increases and spending cuts next year. >> we have more than -- i think 103 ceos in town last week. the message was sit down, work it out....
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of course, if we fall off the fiscal cliff, we'll all die, right? actually, taxes will go up for pretty much everybody and automatic spending cuts kick in on knew year's day. the president and the house speaker met face-to-face just yesterday for the first time since the election, but are they talking about it? no. today an aide said the speaker is willing and still waiting for counteroffer from the president. ed henry is live at the white house. i don't know, ed. a meeting happens and nobody says anything. this could be seen as something more good than bad. >> reporter: exactly. because they didn't come out of the meeting beating each other up and saying i'm never going to sign a deal with the other guy. the fact that they're keeping this quiet, hush hush for now in terms of the details of what they discussed suggests that they're hopeful of a deal, although i have to tell you. the president sounded pretty optimistic when he was in michigan about the possibility of us going off the cliff and falling into a second recession. here's what he had to sa
of course, if we fall off the fiscal cliff, we'll all die, right? actually, taxes will go up for pretty much everybody and automatic spending cuts kick in on knew year's day. the president and the house speaker met face-to-face just yesterday for the first time since the election, but are they talking about it? no. today an aide said the speaker is willing and still waiting for counteroffer from the president. ed henry is live at the white house. i don't know, ed. a meeting happens and nobody...
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now fiscal cliffs and payroll, fiscal cliff has a lot to do with this. the american payroll association this is the trade group for all of the small business who's are doing payrolls, you know, paying you. they say the fiscal cliff really isn't january 1st. their fiscal cliff is december 14th. that's the time they need to have the software changed to make sure the tax changes go into the paycheck. >> that's not going to happen by the 14th. >> it's not going to happen about it 14th. that's why small businesses are concerned. let me tell you what they say. a delay in legislation beyond december 14th doesn't give all businesses enough time to update their payroll systems for early january paychecks. and they go on. it's even worse. the two worst case scenarios according to the payroll folks, congress comes to an agreement after january 1 and applies new rules retro actively. the software can't handle it, or last minute agreement keeps rates as they are for a few months. this would even confuse the payroll software programs because some only calculate a year
now fiscal cliffs and payroll, fiscal cliff has a lot to do with this. the american payroll association this is the trade group for all of the small business who's are doing payrolls, you know, paying you. they say the fiscal cliff really isn't january 1st. their fiscal cliff is december 14th. that's the time they need to have the software changed to make sure the tax changes go into the paycheck. >> that's not going to happen by the 14th. >> it's not going to happen about it 14th....
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by the way, he and his wife are so concerned about the looming fiscal cliff, he's taking his money as a lump sum, in case those higher taxes arrive next year. >>> and coming up now, a snapshot we could not resist. and so many of you tweeted it to me today. thank you very much. it's one very stylish little monkey in a winter coat, wandering through an ikea store in toronto. he started out in the parking lot after escaping his cage. a woman who spotted him said she thought she was going insane. then, the staff gently lured the monkey into the store, where it was captured and the owners have been found, fined and have some explaining to do. >>> and, now, we turn to that video, the amazing swimming wonder twins. they are only 9 months old, too young to walk or talk, but look what ellie and william trykush can do in the water. they can already swim the entire length of a 25-foot pool, by themselves. the two of them were only 4 months old when they mother, a swim instructor, introduced them to the pool and noticed that they were not afraid to swim under water. and naturally knew how to hold
by the way, he and his wife are so concerned about the looming fiscal cliff, he's taking his money as a lump sum, in case those higher taxes arrive next year. >>> and coming up now, a snapshot we could not resist. and so many of you tweeted it to me today. thank you very much. it's one very stylish little monkey in a winter coat, wandering through an ikea store in toronto. he started out in the parking lot after escaping his cage. a woman who spotted him said she thought she was going...
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no discernible progress toward breaking the fiscal cliff stalemate. mr. obama left that drama behind and told supporters in suburban detroit the fiscal cliff is serious business. >> if congress doesn't act soon, meaning in the next few weeks, starting on january 1st, everybody's going to see their income taxes go up. >> reporter: boehner and house republicans want to preserve all the bush era tax rates due to expire at year's end, shielding everyone from a tax increase. mr. obama wants to raise them for households earning more than $250,000 a year. he has so far resisted gop demands for spending cuts to health care or education. >> i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks and then we're asking students to pay higher student loans. >> reporter: even so, democrats worry mr. obama might cave to republicans, their biggest fear, the president will do what he considered in 2011, raise the eligibility age for medicare, a top house democrat monday warned the white house to tread light
no discernible progress toward breaking the fiscal cliff stalemate. mr. obama left that drama behind and told supporters in suburban detroit the fiscal cliff is serious business. >> if congress doesn't act soon, meaning in the next few weeks, starting on january 1st, everybody's going to see their income taxes go up. >> reporter: boehner and house republicans want to preserve all the bush era tax rates due to expire at year's end, shielding everyone from a tax increase. mr. obama...
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they're trying to work out a deal on the fiscal cliff. does this mean they're going to be on the way? we'll talk to congress members connie and mary mack. they'll weigh in. >>> and nasa finally explaining what those lights over texas were. is it worthy of the "x-files"? >> i love that reference. wind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. (announcer) when subaru owners look in the mirror, they see more than themselves. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dolla
they're trying to work out a deal on the fiscal cliff. does this mean they're going to be on the way? we'll talk to congress members connie and mary mack. they'll weigh in. >>> and nasa finally explaining what those lights over texas were. is it worthy of the "x-files"? >> i love that reference. wind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the...
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. >> are republicans and democrats looking for a way of climbing down from the fiscal cliff. there are signs of give, perhaps, on either side, but can either side go far enough without losing the support of their core supporters? [ female announcer ] what if the next big thing, isn't a thing at all? it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated su
. >> are republicans and democrats looking for a way of climbing down from the fiscal cliff. there are signs of give, perhaps, on either side, but can either side go far enough without losing the support of their core supporters? [ female announcer ] what if the next big thing, isn't a thing at all? it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far...
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there are 22 days left to the fiscal cliff deadline. there is no deal yet, but the two leading players are now talking face to face. >> and some republicans m congress are pushing their leaders to be a little bit more flexible. major garrett is at the white house. major, good morning. >> reporter: good morning, charlie and norah. the white house meeting yesterday between president obama and speaker boehner occurred after the president extended that invitation to boehner quite quietly on friday. after the meeting, both were described as hopeful. even so, a followup meeting between white house staff and republican congressional staff on underlying details of a fiscal cliff deal apparently achieved little progress. the president met with boehner after huddling friday with house minority leader nancy pelosi and telephoning senate majority leader harry reid. both democrats wanted to make sure president obama will not freeze them out of fiscal cliff negotiations. far from frozen, some set of republicans appear to be warming to higher tax rate
there are 22 days left to the fiscal cliff deadline. there is no deal yet, but the two leading players are now talking face to face. >> and some republicans m congress are pushing their leaders to be a little bit more flexible. major garrett is at the white house. major, good morning. >> reporter: good morning, charlie and norah. the white house meeting yesterday between president obama and speaker boehner occurred after the president extended that invitation to boehner quite...
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fiscal cliff. we're not reading out details of the conversation, but the lines of communication remain open. cnn's dan lothian is at the white house this morning. dan, i guess the fact that the lines of communication are open is a good sign. >> reporter: that's right. it is a good sign. it was just about a week ago that we were reporting about how nothing was going on, not in public and not in private. aides up on the hill, republican aides telling us there were no phone calls, no e-mails, no communication whatsoever. so this is encouraging in that the president sat down face to face with speaker boehner, but i think it's telling that both the speaker's office and white house put out these identical statements. i mean, what it shows here is that they've agreed to negotiate in private. there's a strategy here not to make this play out in public but rather happen behind closed doors so they can hash this out, hammer this out. it's unclear whether this will continue at that level. i did communicate wi
fiscal cliff. we're not reading out details of the conversation, but the lines of communication remain open. cnn's dan lothian is at the white house this morning. dan, i guess the fact that the lines of communication are open is a good sign. >> reporter: that's right. it is a good sign. it was just about a week ago that we were reporting about how nothing was going on, not in public and not in private. aides up on the hill, republican aides telling us there were no phone calls, no...
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. >> steve: washington can't find a solution to the fiscal cliff . but someone who fixed budgets in the past know it is simple. >> if i raise taxes again i will have to do it in two or four years . people are going to leave. >> steve: find out how america's mayor did it straight ahead. straight ahead. feel a cold coming on? gretchen, you will be better in no time. we'll drink to that. >> you will be better in no time and all of my teases will rhyme today. "fox and friends" starts right now. ♪ ♪ "fox and friends". >> steve: ho, ho, hompt look who is here today eric boling. >> gretchen: you get your own personal lurch. >> eric: good to be here. >> steve: you will find out how booze, beer and wine can make you healthier. the news we have all waited for. >> gretchen: yeah, a lot of people waking up with a headache. now it makes sense why i drank so much last night. overnight a developing story. a medical chopper went down last night leaving three people dead. the chopper which is reggistered to rock ford memorial hospital it went down in a field . e
. >> steve: washington can't find a solution to the fiscal cliff . but someone who fixed budgets in the past know it is simple. >> if i raise taxes again i will have to do it in two or four years . people are going to leave. >> steve: find out how america's mayor did it straight ahead. straight ahead. feel a cold coming on? gretchen, you will be better in no time. we'll drink to that. >> you will be better in no time and all of my teases will rhyme today. "fox and...
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cliff. tonight no word any real progress being made but the pressure to do something before it is too latest really intensifying across the country. story now from political reporter mark matthe matthews. >> message from move on bay area progressive cut the bush era tax cut for the wealthiest americans and do not cut social security and medicare benefits. >> we absolutely have to stick firm and make sure that we tax the rich. people making over 200,000 dollars. [applause] people making over 200,000 dollars a year should be able to pay more and to get us out of this economic mess that wall street has done. >>reporter: this afternoon about 50 people gathered outside the social security administration office in oakland east town center. among them oakland congressman lee. >> i tell you i'm going back to washington, d.c. tomorrow. to continue to fight the good night and you have a resistance movement in the congress. i want you to know. [applause]. >>reporter: she will resist cut to spweelingtsm
cliff. tonight no word any real progress being made but the pressure to do something before it is too latest really intensifying across the country. story now from political reporter mark matthe matthews. >> message from move on bay area progressive cut the bush era tax cut for the wealthiest americans and do not cut social security and medicare benefits. >> we absolutely have to stick firm and make sure that we tax the rich. people making over 200,000 dollars. [applause] people...
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what are the odds of a deal getting done before disaster strikes in the fiscal cliff. we have optimism that our elected officials will rise to the occasion. >> i think everyone realizes how important it is. our economy is moving up some. not fast but some, and to go over the cliff would be terrible. i think we'll get an agreement. the reason i think we'll get an agreement, what's standing in the way is revenues, particularly making that top rate go up to 39.6 but we're seeing real progress. >> a unique moment in history where every developed country in the world, economists on both sides of the aisle, know the greatest threat to our country is fiscal solve advancecy. the minority party is trying to leverage the country into doing something great for our nation. it's a unique time and i hope the president soon will see the light. >> joining me the chris wallace. good morning. >> good morning, jamie. >> interesting interviews with optimism. do you think that -- they really believe a deal will happen and is each side willing to make a move? >> well, both senators said the
what are the odds of a deal getting done before disaster strikes in the fiscal cliff. we have optimism that our elected officials will rise to the occasion. >> i think everyone realizes how important it is. our economy is moving up some. not fast but some, and to go over the cliff would be terrible. i think we'll get an agreement. the reason i think we'll get an agreement, what's standing in the way is revenues, particularly making that top rate go up to 39.6 but we're seeing real...
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>>> welcome back "raw politics" now. 22 worried days until america goes off the fiscal cliff. or maybe 21 worrying days and one panicking night. there are signs even three weeks out that neither side really wants to push it to the very end. president obama today speaking at a truck engine plant in michigan said he's willing to give a little but he's not willing to compromise when it comes to higher taxes on the wealthiest americans. notice, though, he did not say he was married to a specific rate, such as all the way back to the clinton-era levels. as for house speaker boehner who he met with yesterday at the white house, he said the gop offer remains the same, no rate hikes. however, there were more signs over the weekend that republican unity may be cracking a little bit with a number of lawmakers who want to take the tax issue off the table asap. >> there is a growing group of folks looking at this and realizes we don't have a lot of cards as it relates to the tax issue before year end. we have one house, that's it. the presidency and the senate is in the democrats' hands.
>>> welcome back "raw politics" now. 22 worried days until america goes off the fiscal cliff. or maybe 21 worrying days and one panicking night. there are signs even three weeks out that neither side really wants to push it to the very end. president obama today speaking at a truck engine plant in michigan said he's willing to give a little but he's not willing to compromise when it comes to higher taxes on the wealthiest americans. notice, though, he did not say he was...